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Dec 18, 2012
12/12
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which makes me think thanks washington for nothing. they would do little to save the financial mess. gimmicks, all gimmicks. coming up, picking tea party favorite for the senate seat. reaction on what it means for the future of the g.o.p. copd makes it hard to breathe, but with advair, m breathing better. so now i cane in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to he improve ur lung function all day. advair won't replace fast-actininhalers for sudden symptoms and should not be used more than twice a day. pele with copd taking advair advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition if you're still having difficulty breathing, improve your lung function. get your first full prescription fr and save on refills at advaircopd.com. gerri: liberals love to say the g.o.p. is the all white male party, but senate rep
which makes me think thanks washington for nothing. they would do little to save the financial mess. gimmicks, all gimmicks. coming up, picking tea party favorite for the senate seat. reaction on what it means for the future of the g.o.p. copd makes it hard to breathe, but with advair, m breathing better. so now i cane in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting...
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Dec 12, 2012
12/12
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for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, trcy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader? congressman tim gives us the scoop next. we'll be back. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm uppin
for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, trcy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader?...
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Dec 11, 2012
12/12
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for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, tracy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the house have the file behind him in the deal making progress? are some lawmakers breaking away from the leader? congressman tim gives us the scoop next. we'll be back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. tracy: does speaker boehner have more than a fiscal cliff to worry about? up next, will the top republican in the house stay that way in 2013? tracy: speaker boehner 1 not the only one facing the challenge of keeping the u.s. from falling o
for the most part, washington wastes it. tracy: no joke. senator barrasso, thank you for taking the time to be with us, sir. >> thank you, tracy. tracy: ain't that the truth? all right? we have a lot more still to come this hour including a new report on the success of both the boehner and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the house have the file behind him in the deal making progress? are some lawmakers breaking away from the leader?...
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Dec 10, 2012
12/12
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put the washington monument in there. bill says:
put the washington monument in there. bill says:
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Dec 17, 2012
12/12
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>> unfortunately party of one doesn't get much done in a place like washington. you need grassroots to rise up in this country. we've had enough. you're broke. you're spending money we don't have. get serious about this and knock off all the christmas tree type bill approaches. melissa: matt mayer, thanks for coming on and breaking it down for us. >> thanks for having me. melissa: next on "money", it could be the answer to all your airline travel costs once and for all. one company thinks they have got it. we'll bring you the new details on the new flight plan next. at the end of the day it is all about money and carry-on luggage melissa: we have breaking news right now. let's go right to adam shapiro for that. >> we heard senator daniel inouye from hawaii has passed away. he would have been the longest serving senator in the united states if he lived just two more years. he passed away with his family by his side. his last words were aloha. recently he was asked by a reporter what he wanted to be remembered by and he said, quote, i represented the people of hawa
>> unfortunately party of one doesn't get much done in a place like washington. you need grassroots to rise up in this country. we've had enough. you're broke. you're spending money we don't have. get serious about this and knock off all the christmas tree type bill approaches. melissa: matt mayer, thanks for coming on and breaking it down for us. >> thanks for having me. melissa: next on "money", it could be the answer to all your airline travel costs once and for all....
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Dec 22, 2012
12/12
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well, okay, the world didn't stop, but washington certainly stopped to listen. and all the cable networks stopped what they were doing to cover every word of what he had to say. and here is how he began. >> the national rifle association, 4 million mothers, fathers, sons and daughters joined the nation. >> wait a minute. 4 million people? in a country of 300 million people, a guy who represents 4 million people gets every camera in washington? and he doesn't really represent them he just tricks them out of some dues money with nonstop lies. most of those 4 million people disagree with him about a lot of stuff. when is the last time this guy got every camera in washington and live coverage from all cable news networks for something he had to say? he is the ceo of the aarp, which has 40 million members, ten times the size of the nra. and the aarp members have more to worry about in the budget negotiations in washington this week than the nra members have ever had to worry about. but if barry rand steps up to a microphone to say something about it, i guarantee you
well, okay, the world didn't stop, but washington certainly stopped to listen. and all the cable networks stopped what they were doing to cover every word of what he had to say. and here is how he began. >> the national rifle association, 4 million mothers, fathers, sons and daughters joined the nation. >> wait a minute. 4 million people? in a country of 300 million people, a guy who represents 4 million people gets every camera in washington? and he doesn't really represent them he...
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Dec 23, 2012
12/12
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i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when they can least afford it. there a lot of tax increases are going to hit this economy hard. we need
i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a...
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Dec 21, 2012
12/12
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washington, d.c., blazed with that idea. the american people in survey after survey, thinking a thoughtful approach to this are the politicians. what do you think about the idea we should pay more attention to mental health in this country? >> are usually supported. one of the things that would be helpful agreeing with mental health is the stigmatizing it. there is so much shame surrounding a mental illness when the fact of the matter is a large portion of our society has diagnostic code. and most of those people are not violent, i just have to say. many people go without any issue. lou: those with a serious mental disorder. >> even if they have a serious mental disorder, most of them are not violent. a fraction of people who will always be violent and we have to look at that and address that issue. but mostly people mentally ill are not violent, and it is really important not to confuse mental illness and violence and furthhr stigmatize a group that is already having a hard time acknowledging or scapegoating them. lou: this
washington, d.c., blazed with that idea. the american people in survey after survey, thinking a thoughtful approach to this are the politicians. what do you think about the idea we should pay more attention to mental health in this country? >> are usually supported. one of the things that would be helpful agreeing with mental health is the stigmatizing it. there is so much shame surrounding a mental illness when the fact of the matter is a large portion of our society has diagnostic code....
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Dec 12, 2012
12/12
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tracy: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuring
tracy: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause...
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Dec 27, 2012
12/12
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president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire week with their incompetent plan b stunt. it is time for house republicans to put middle class families first by passing the senate's bill to protect 98% of americans from a tax hike on january 1st. the senate bill could pass tomorrow if house republicans would simply let it come to the floor. despite the impasse in washington, a new gallup poll shows 50% of people still believe it is likely that president obama and republicans will reach an agreement before we go over the curb on january 1st. among the believers is conservative weekly standard editor bill crystal. >> i think what
president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire...
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Dec 13, 2012
12/12
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there has been incredibly little progress in washington since the offers officers were first treated. with respect you could start to run up to christmas here. it could take up to three days to get something through the senate. republicans have to sell it to house republicans. democrats have to be on board there. there are a number of different little concerns that happen, it and we are not even close to a deal. tracy: in that same local interview he had with the minnesota radio station, he said that spending cuts have to be paired with tax revenue increases. do we know what he's talking about? is he talking about a dollar for dollar cannot? >> we don't know what the proportion is. we have republicans saying that the president had previously promised to do 31 or four to one in tax revenues, the smaller part being the tax revenues and spending cuts, we know the white house had reduced the demand from 1.6 trillion to 1.4 trillion. they said that it was willing to do $600 billion in spending cuts. the republican offer had been $800 billion in revenue. again, it is how you structure the t
there has been incredibly little progress in washington since the offers officers were first treated. with respect you could start to run up to christmas here. it could take up to three days to get something through the senate. republicans have to sell it to house republicans. democrats have to be on board there. there are a number of different little concerns that happen, it and we are not even close to a deal. tracy: in that same local interview he had with the minnesota radio station, he...
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Dec 20, 2012
12/12
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this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speake of the house john boehner or only wants to raise taxes on millionaires. >> if you look at what the speaker has proposed, he has conceded that income tax rates should go up, right now he only wants them to go up for millionaires, if you make 900,000, he thinks you can't afford to pay more in taxes, but principal that rating are going up he has conceded. lou: you recall that president obama spent much of the past year, or yearnd a half, calling for higher taxes on millionaires and billion airs, the concessions that president referred to, leaving to more demands on the part of the president rather than a deal, congresswoman
this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speake of the house john boehner...
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Dec 19, 2012
12/12
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one just outside of washington, d.c. in rockville, maryland, and also a large project we're continuing to build on out in silicon valley in san jose. so with more to come after that. so from a development perspective i think we are one of the few retail companies that are building new mixed use product. that is residential or office on top of retail in those locations where the demand is there, where it's necessary to happen. in addition to that we're buying and we'll be announcing shortly another acquisition that should close here in the next few days. so when we find great quality real estate we're willing to put our capital to work. liz: well the stock is up about 16% over the past year. so we see a lot of these companies, i'm up 12%, that's great. you didn't beat the market. you're matching the s&p. you've done extraordinarily well in what could be perceived challenging circumstances but let me throw you the obligatory fiscal cliff question, i know you referenced it. if we don't get a deal, are you worried that worm
one just outside of washington, d.c. in rockville, maryland, and also a large project we're continuing to build on out in silicon valley in san jose. so with more to come after that. so from a development perspective i think we are one of the few retail companies that are building new mixed use product. that is residential or office on top of retail in those locations where the demand is there, where it's necessary to happen. in addition to that we're buying and we'll be announcing shortly...
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Dec 13, 2012
12/12
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and if you look at the chart can be considered a way it angled lower and lower after coming out of washington but hit rewind, go back to yesterday and the day before, the market reacted positively, so it shows us how sensitive the market is right now and clearly we are running out of time. tomorrow is friday. we have a full week next week but that is the last full week of the year. we're talking about the fiscal cliff running out of time, so different factors people are trying to play the end of the year trade. we're getting down to the end of things now. liz: what were they buying today, what were they selling? >> a follow-up from what we have seen in the past and what we think we will see in the future. just because regulations will be a little bit more transparent coming forward and the energy sector has been a hot one. how will that play in 2013. my clients are not looking at tomorrow or next week, they're looking to second quarter next year. liz: that is smart. i know you're looking at oil as well, looking at the aftermarket down another dollar on top of the $20 closing. no help at all.
and if you look at the chart can be considered a way it angled lower and lower after coming out of washington but hit rewind, go back to yesterday and the day before, the market reacted positively, so it shows us how sensitive the market is right now and clearly we are running out of time. tomorrow is friday. we have a full week next week but that is the last full week of the year. we're talking about the fiscal cliff running out of time, so different factors people are trying to play the end...
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Dec 27, 2012
12/12
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what will you miss about washington? and what will you not miss? >> i will miss the chance to affect public policy. and i'll miss the friends there. other members of congress, and, by the way, one of the great bargains the american people get are the people who work for members of congress. we have a wonderful, intelligent, thoughtful, dedicated group of people. it's great to be able to come to worker day and interact with bright people. what i won't miss is one, the travel. and two, to be honest at this point, the sense of responsibility. for 45 years, i've been working in government, first in the city hall of boston and then the last 32 years in congress. i'm sorry people will still be doing those things, but i need a little rest. >> your proudest moment. what are you feeling is your proudest achievement? is it dodd-frank? >> well, that's one of them. one of them, frankly, has been the successes we've got on getting legal equality for lgbt people. and i've had a major repeal of don't ask, don't tell. and i was proud of my role in defeating the ef
what will you miss about washington? and what will you not miss? >> i will miss the chance to affect public policy. and i'll miss the friends there. other members of congress, and, by the way, one of the great bargains the american people get are the people who work for members of congress. we have a wonderful, intelligent, thoughtful, dedicated group of people. it's great to be able to come to worker day and interact with bright people. what i won't miss is one, the travel. and two, to...
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Dec 21, 2012
12/12
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it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work
it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with...
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Dec 19, 2012
12/12
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all kinds of volatility with investors hanging on every word out of washington. general motors, take a look, turning on the afterburners, shares jumping as you can see more than 6%. repurchasing 200 million shares. gm need a bailout once the financial crisis hit. officially becoming a standalone company. market and investors really like now let's take a look at crude oil. four straight days of gains, getting back near $90 per barrel, $0.03 away, the story a couple of things actually. optimism of a debt deal, also supplies, heating oil, unexpectedly fell last week so of course supplies go down. on the flipside natural gas moving down more than 2% rating yesterday's gains and then some. all right, so much for any kind of game we were seeing today, but what happens tomorrow, are we still tied into the headline news out of d.c.? >> speaker john boehner woke us up. i expected after the brief statement that he made the market would come in much more than it has. i am kind of impressed we haven't seen the market down quite significantly. it means we will look at a nice
all kinds of volatility with investors hanging on every word out of washington. general motors, take a look, turning on the afterburners, shares jumping as you can see more than 6%. repurchasing 200 million shares. gm need a bailout once the financial crisis hit. officially becoming a standalone company. market and investors really like now let's take a look at crude oil. four straight days of gains, getting back near $90 per barrel, $0.03 away, the story a couple of things actually. optimism...
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Dec 13, 2012
12/12
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are you seeing that infighting in washington right now? >> well, infighting is probably a harsh word. if that is a definition we infight all the time around here. hopefully it is a healthy dialogue where everyone gets a chance to express themselves. .9 of representation in america for people to give their point of view. they feel they have been heard, even if they don't get their entire way. most people, are willing to comprise a little bit. that is what we have to have here, unfortunate tax increases to balance lance our budget and unfortunately entitlement reforms particularly on health care side so we don't have the debt as far as eye can see. hopefully the speaker and president will get there. the solution is pretty straightforward. sandra: it isn't straightforward because we have so much disagreement. maybe it is harsh to call it as infighting maybe tension. more than 100 conservative leaders including former presidential candidate rick santorum, saying gop congressman will be targeted if they make concession on tax hikes. that sound
are you seeing that infighting in washington right now? >> well, infighting is probably a harsh word. if that is a definition we infight all the time around here. hopefully it is a healthy dialogue where everyone gets a chance to express themselves. .9 of representation in america for people to give their point of view. they feel they have been heard, even if they don't get their entire way. most people, are willing to comprise a little bit. that is what we have to have here, unfortunate...
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Dec 30, 2012
12/12
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. >> let's bring in the congressional reporter for the washington post. are we looking at the real possibility that these negotiations will be passed on to the next congress? >> well, we are certainly getting closer and there is still time to go. the fact that mitch mcconnell and joe biden are now leading these talks is actually somewhat encouraging because these two have cut deals before. they have served together for quite a while in the senate. they were part of the debt ceiling negotiations last year and it was believed that mitch mcconnell would be brought in to these negotiations. the fact that they are still talking and on capitol hill yesterday and here today and remains hopeful that something can come suggests they are eager to cut some kind of a deal. we will have to wait and see whether or not it is conceivable by the end of the day. >> you wrote an article titled "the fiscal cliff is just an early battle in a war that democrats are going to win" where do you think republicans went wrong? >> well, you know, the problem for republicans i think i
. >> let's bring in the congressional reporter for the washington post. are we looking at the real possibility that these negotiations will be passed on to the next congress? >> well, we are certainly getting closer and there is still time to go. the fact that mitch mcconnell and joe biden are now leading these talks is actually somewhat encouraging because these two have cut deals before. they have served together for quite a while in the senate. they were part of the debt ceiling...
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Dec 22, 2012
12/12
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washington still in disarray. seemed earlier this week, the president obama, house speaker john boehner, would get a deal that would include deficit reduction and tax reform. that has fallen apart. so there is a big question mark about what happens now. how they move forward. president obama boarded air force one friday evening with his family. as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for house speaker john boehner, really spent most of the day, explaining what has been views as a political blow, when on thursday, many republicans refused to back his plan b. that is speake
washington still in disarray. seemed earlier this week, the president obama, house speaker john boehner, would get a deal that would include deficit reduction and tax reform. that has fallen apart. so there is a big question mark about what happens now. how they move forward. president obama boarded air force one friday evening with his family. as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and...
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Dec 20, 2012
12/12
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david: let's move ahead to next year a lot depends what happens in washington. assuming something gets cobbled together is the economy ready to pick up a little more steam? >> my suspicion is yes, i am looking for a little more growth next year and i'm not convinced we'll see 3 or 4 handles with any regularity but we'll see numbers two or three when it comes to the quarterly figures. my view is premised three very nice things could be happening next year. one simply the housing market cover continues to recover. affordability is still very good. no one wanted to catch the falling knife when prices were falling now they're rising. there is pretty nice momentum behind it. there is no reason to think that stops. there could be a stutter step if deductions are capped. ultimately that could be sustained. you turn to the consumer sector, consumers are probably done deleveraging. burden of debt is actually looking quite light. so you get a bit of a pop from the consumer as well. the big x-factor is the business sector. they have been outright drag to be perfectly frank
david: let's move ahead to next year a lot depends what happens in washington. assuming something gets cobbled together is the economy ready to pick up a little more steam? >> my suspicion is yes, i am looking for a little more growth next year and i'm not convinced we'll see 3 or 4 handles with any regularity but we'll see numbers two or three when it comes to the quarterly figures. my view is premised three very nice things could be happening next year. one simply the housing market...
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Dec 13, 2012
12/12
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. >> neil: i want to switch to washington, d.c. and i want to look at the white house. the president called the meeting with speaker boehner. a little over an hour ago and he is going to get that meeting. speaker boehner making his way. ten-minute drive under the worst circumstances to get from speaker's office to the president's offices. i'm sure he will have an excourt and he doesn't have to worry about light. he will get there. the talk is they will do more than just talk. they are going to iron out where the key differences, and probably ask the republican what specifically are you doing on taxes? are you open to rate hike i want? then what the speaker gets out of the president? tonight, dick gephardt and speaker of the house on that, fbn. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. campbell's has 24 new soups that will make it drop over, and over again. ♪ from
. >> neil: i want to switch to washington, d.c. and i want to look at the white house. the president called the meeting with speaker boehner. a little over an hour ago and he is going to get that meeting. speaker boehner making his way. ten-minute drive under the worst circumstances to get from speaker's office to the president's offices. i'm sure he will have an excourt and he doesn't have to worry about light. he will get there. the talk is they will do more than just talk. they are...
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Dec 28, 2012
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we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action now moves over to the senate. this meeting started according to senior administration official with president obama reiterating a proposal that he had put on the table on friday. last friday, calling to keep tax rates where they are for income amount of less than $250,000 a year and to extend long term unemployment insurance benefits. that at least as itself would probably not be something that could pass the house. so negotiations would
we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house...
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Dec 13, 2012
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lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previsly, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a member of house aways and means committee. speaker saying they are separated by serious gaps here, what are your thoughts? >> i came on this show two weeks ago, i told you then that president wanted to go cliff diving, that is what he wants to do. he is not serious about getting a deal, if he was so serious, he would not have met with john boehner sunday morning then go out 24 hours later on a campaign stop to michigan railing about some middle class tax hike jarg onljargon he is using. he wants to go off the cliff,. lou: looking at that number. newest fox poll released a couple hours ago, that polls
lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previsly, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a...
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Dec 21, 2012
12/12
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>> for monday looks like it could be quiet but you never know what will come out of washington. the twenty-seventh is when we will hear something but the uptick we saw on the close, also induce a triple witch which is the futures expiration for december. other than that light volume, we have some potentially big market moving news and whatever happens in washington and who knows? liz: will be a big holiday week for the markets. dave: thank you. liz: can never take a break. shares of under are rising today. one of the few retailers that has done pretty well. let's head to nicole petallides on the floor of the stock exchange. nicole: 3-1/3% for under armor. this is a clear winner when you talk about vince in people where, under armour is doing well because nike came out and nike reported strong sales, athletic apparel is hot and under armour is one of the beneficiaries of that. when you talk about nike, bring it close, up 6% so nike was a real winner and they talk about demand going forward topping estimates so obviously both nike and under armour, a great day on a day when we saw
>> for monday looks like it could be quiet but you never know what will come out of washington. the twenty-seventh is when we will hear something but the uptick we saw on the close, also induce a triple witch which is the futures expiration for december. other than that light volume, we have some potentially big market moving news and whatever happens in washington and who knows? liz: will be a big holiday week for the markets. dave: thank you. liz: can never take a break. shares of under...
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Dec 28, 2012
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all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election, house to be the opposition party, to stand for core limited government principles and not sell us down the river. particularly all the small business operators and entrepreneurs trying']jñ to kep their head above water. >> thank you very much. have great weekend. >> you too. >>> we have senate minority leader mitch mcconnell existing the meeting now. we're going to keep our eye out and hopefully one of these guys comes to a camera. in the watch it. former president george bush bush remains in intensive care but good news regarding his condition. we'll have the lates
all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they...
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Dec 19, 2012
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but that's not acceptable to washington. republicans or democrats seemingly at this time. >> because it's not real. >> sure, it's real. >> you can't maintain check growth and imagine, where are the cuts coming? >> across the board. >> look, you can't have -- >> one penny out of every dollar. >> what the president is too long just recently was protecting the veterans and the disabled, saying we've got to do something -- >> so if we cut one penny, i hate veterans and the disabled? >> listen, juan,'s not protecting the middle class or disabled because he's presiding over and cause ago destructive economy that is in perpetual anemic state. he's killing the middle class. he's not protecting it. >> david, the president has a plan on the table that would protect the middle class from any tax hikes, 98%. it's who say we don't want to raise taxes on the very rich. one more thing to say to you, remember, 74% of the american people say this should be a combination of tax increases and spending cuts. >> david? >> you don't protect the m
but that's not acceptable to washington. republicans or democrats seemingly at this time. >> because it's not real. >> sure, it's real. >> you can't maintain check growth and imagine, where are the cuts coming? >> across the board. >> look, you can't have -- >> one penny out of every dollar. >> what the president is too long just recently was protecting the veterans and the disabled, saying we've got to do something -- >> so if we cut one penny, i...
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Dec 30, 2012
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it's down to the wire in washington. less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and their lack of action when so much is at stake. we asked or cnn i-reporters to send us their messages for washington and we got a ton of responses. lynn to vernon hill with a bit of advice for politicians. >> my new year's message it to washington is to grow up, act like adults, do juror jobs or resign immediately. we are tired of you being useless and refusing to do your jobs. >> here's one from missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incre
it's down to the wire in washington. less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing...
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Dec 18, 2012
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that is the hardest thing to do in washington, actually execute the plan. so let's get it done now, even if we go into january. let's get it done. liz: doesn't that look like, as ec president obama move up, john boehner move down, this is a classic mega the -- negotiation. >> they're getting close. what gets in the way as politics. frankly, harry reid not helpful. the president campaigning on higher taxes for the rich, not helpful. liz: was it unhelpful when john boehner, the book came up and put up a board that said it was about spending? that really shocked them. >> was part of negotiating in public. liz: why are they doing it in public? >> because we want to get political points. we're still playing politics which is the problem. that is the big problem. liz: do you recall ever being a party to a situation like this? coming down to the wire? >> oh, sure. we are involved. liz: the government closed down. >> trade bills are passed by one vote at midnight. things of that nature. you know, some people will tell you in d.c., look, i think this is the right th
that is the hardest thing to do in washington, actually execute the plan. so let's get it done now, even if we go into january. let's get it done. liz: doesn't that look like, as ec president obama move up, john boehner move down, this is a classic mega the -- negotiation. >> they're getting close. what gets in the way as politics. frankly, harry reid not helpful. the president campaigning on higher taxes for the rich, not helpful. liz: was it unhelpful when john boehner, the book came up...
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Dec 2, 2012
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the people inside washington are awfully smart and awfully out of touch. we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get out of washington in terms of serious production to the deficit. we will suffer, but we got ourselves into this. we're not going to get out without some pain. i think we are going to go over the cliff. >> let me quickly say i don't favor going over the cliff, but howe regard is right. if you're worried about the deficit, the easiest way is to go over the cliff. you have increases right away. >> yeah. >> can i ask you, though, how can you guarantee e that all the extra tax hikes and provisions actually go towards paying the national debt and not more spending and more programs? >> you can't guarantee that but you have a conservative republican congress. they are not going to vote for any spending increase. why not take advantage of that and make the initial cuts and let them go into a stalemate for awhile. that's a pretty big amount. my sges that provides the certainty. we go bac
the people inside washington are awfully smart and awfully out of touch. we need to do something about the deficit. going over the fiscal cliff is the best thing we're going to get out of washington in terms of serious production to the deficit. we will suffer, but we got ourselves into this. we're not going to get out without some pain. i think we are going to go over the cliff. >> let me quickly say i don't favor going over the cliff, but howe regard is right. if you're worried about...
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Dec 30, 2012
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here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate uncertainty what they hate even more is steering abject failure square in the face. those markets are going to open up in four or five hours' time we should see some limited reaction in asia. but perhaps not yet. it's still uncertain what is going to happen here. there's a huge stake. everyone realizes. europe has got its problems. germany starting to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you
here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate...
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Dec 27, 2012
12/12
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but holder brought them back to washington, d.c. to work at a desk instead of the field. >> the were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way e administration oddly has been dealing with the benghazi pricious the start. there is an inabilityo speak the truth. everybody thought what they thought, that he is gone. what he did again is a politil appointment. he basically hand that in, walked across the hall. other three will end up in other jobs. the secretary of state should have stepped down. it's her responsibility. but this story has been about insulating her for the 2016 run. >> eric: we have to leave it ther mike baker, former operative. can't figure out what it takes to fire this. thank you, everybody. see you in a couple minutes on "the five." copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unli
but holder brought them back to washington, d.c. to work at a desk instead of the field. >> the were repositioned. whether it's that or something serious like this where people lost their lives, you get shuffled around. but this is indicative of the way e administration oddly has been dealing with the benghazi pricious the start. there is an inabilityo speak the truth. everybody thought what they thought, that he is gone. what he did again is a politil appointment. he basically hand that...
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Dec 29, 2012
12/12
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we here in washington are going to hurt the american economy. we're going to hurt americans at every level, and to me, it's just a travesty that we've not been willing to deal with this issue. >> americans believe congress is broken. the american people know, democrats and republicans, that this place isn't working and there need to be some changes. >> america people should not countenance this deal made in this gridlock. we're here to do our jobs in washington, and we're seeing this failure demonstrated time and again because of ideological and political and philosophical stubbornness. what about the entire country? what about the good of the country? >> and yet, any time anyone tries to change anything about congress, any time someone tries to make it a little bit better, the status quo force together and quick. right now, the filibuster was meant to be a majority rule constitution. the founders considered making it a super majority. they rejected that, big-time. in a federalist, alexander hamilton wrote that a super majority congress would se
we here in washington are going to hurt the american economy. we're going to hurt americans at every level, and to me, it's just a travesty that we've not been willing to deal with this issue. >> americans believe congress is broken. the american people know, democrats and republicans, that this place isn't working and there need to be some changes. >> america people should not countenance this deal made in this gridlock. we're here to do our jobs in washington, and we're seeing...
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Dec 12, 2012
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that's about one week of spending in washington, d.c. the problem is we've got 51 weeks of over-spending. we can talk about raising taxes, but we've got to you grow the economy. if you raise taxes on small businesses, you raise taxes on farmers and ranchers in my district, that's going to cripple small businesses. i'm not worried about ge. they've got a seat at the table at the white house. i'm worried about the small guy that's going to get hammered that don't have a lesion of tax attorneys. so i believe we need a fundamental tax reform. i thif the president agrees with that, as well. >> if you're worried about the debt, and i think we have to deal with the debt, according to the congressional budget office, you'd pick up $950 billion over 10 years by just letting the tax cuts for the rich or those making over 250 a year go for 10 years, you have 9$950 billion covered right there. that's a huge step towards the deficit. >> when you have a trillion dollars of excess spending in one year, what are we going to do for the other nine years?
that's about one week of spending in washington, d.c. the problem is we've got 51 weeks of over-spending. we can talk about raising taxes, but we've got to you grow the economy. if you raise taxes on small businesses, you raise taxes on farmers and ranchers in my district, that's going to cripple small businesses. i'm not worried about ge. they've got a seat at the table at the white house. i'm worried about the small guy that's going to get hammered that don't have a lesion of tax attorneys....
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Dec 12, 2012
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we had friends -- it's past tense now -- in washington, d.c. they've been together for over a decade. one partner went out of town on a business trip. came back, opened his apartment door. and his partner was on the floor, having passed out -- or died of a heart attack in his absence. the deceased partner's relative was a lawyer brother in boston for whom had been estranged. he came and took everything. the laws were against the one that -- they shared their lives and their fortune and yet he lost t all. so this grieving partner lost not only the love of his life, but everything that they had built together. there's that kind of injustice. and this barrier that we insist on, legalistic barrier that we insist on putting up is to me unfathomable. in the case of our being incourse rated in the second world war, we looked different. we were visibly identifiable. but in the case of homophobia, we are literally members of a family. we are sons and daughters of heterosexual parents. we are brothers and sisters. we are literally kin, blood kin, and yet
we had friends -- it's past tense now -- in washington, d.c. they've been together for over a decade. one partner went out of town on a business trip. came back, opened his apartment door. and his partner was on the floor, having passed out -- or died of a heart attack in his absence. the deceased partner's relative was a lawyer brother in boston for whom had been estranged. he came and took everything. the laws were against the one that -- they shared their lives and their fortune and yet he...
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Dec 14, 2012
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it was so small but this is why people hate washington. >> here is what we don't know. i think we can assume there were two names on the list. and what we don't know is in a world with no static, what was president obama's first choice? in this environment, assuming the president's choice was john kerry, not by default, how would you handle it? >> you would ask susan rice to publicly withdraw from consideration rather than appear to reject her. there is a lot of reporting right now which is usually what happens. there is more communication. that this wasn't something done freelance. it was honest. of course i wanted the job. it is secretary of the state. let's not pretend that i didn't want the job. the question to me is, how much does the secretary of state affect u.s. foreign policy and diploemsy. but we never have gotten to any of that and it is the stupidity of our conversation and on foreign policy, no one wants to talk about the stuff that is happening. >> on the scott brown campaign, but we never have gotten to any of that and it is the stupidity of our conversat
it was so small but this is why people hate washington. >> here is what we don't know. i think we can assume there were two names on the list. and what we don't know is in a world with no static, what was president obama's first choice? in this environment, assuming the president's choice was john kerry, not by default, how would you handle it? >> you would ask susan rice to publicly withdraw from consideration rather than appear to reject her. there is a lot of reporting right now...
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Dec 20, 2012
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what is the climate in washington? let's turn to sam stein, "huffington post," karen finney, msnbc analyst and former communications director of the dnc. karen, you first. how is anything going to get done on gun legislation or any kind of changes at all with firearms when they can't even get together on the fiscal cliff? >> well, i think it's like the president said today. he needs help from the american people and from the outside. i think it's so important, the activism that we've seen, i mean just in the last few days over this sort of chained index on social security. i think it's for the american people to make it clear what is acceptable and what is not acceptable, and to raise the stakes for members of congress who fail to act. that is the only way we're going to get anything done. >> and if the republicans stand shoulder to shoulder, we'll be right back here talking about it for a long, long time. they haven't moved on anything else. on budget negotiations, sam stein, this is the second time the president has
what is the climate in washington? let's turn to sam stein, "huffington post," karen finney, msnbc analyst and former communications director of the dnc. karen, you first. how is anything going to get done on gun legislation or any kind of changes at all with firearms when they can't even get together on the fiscal cliff? >> well, i think it's like the president said today. he needs help from the american people and from the outside. i think it's so important, the activism that...
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Dec 14, 2012
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they're ready for washington to get on with it. david: i guaranty it will get more complex when they talk about simplification. do they literally have two books, one for the old tax structure and what they assume the new one will be? >> you're talking to an auditor, david. i won't admit that anybody has two sets of books. david: that's true. >> what they are doing, joking aside, they are scenario planning. they are looking at different alternatives and trying to keep all their options open because frankly they don't know which direction this is going to go and as a result you do get a bit of gridlock in decision making. one of the reasons that 60% we believe said the fiscal cliff issue will not change their decision making over the next six months because they're already in conservative decision-making mode, waiting to look at different scenarios and they have different sets of actions they will take depending which way this goes. david: let's put best-case scenario forward for a second here. they have been in the safety mode for a
they're ready for washington to get on with it. david: i guaranty it will get more complex when they talk about simplification. do they literally have two books, one for the old tax structure and what they assume the new one will be? >> you're talking to an auditor, david. i won't admit that anybody has two sets of books. david: that's true. >> what they are doing, joking aside, they are scenario planning. they are looking at different alternatives and trying to keep all their...
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Dec 30, 2012
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he was writing the best column in washington. and he was the most widely syndicated black columnist in america and he opened a program in native mississippi to help children and to help those children grow, just a wonderful man.
he was writing the best column in washington. and he was the most widely syndicated black columnist in america and he opened a program in native mississippi to help children and to help those children grow, just a wonderful man.
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Dec 3, 2012
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. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been asking for in public. his system spending in here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> but so far it's the only white house offer on the table, a starting point for further negotiations, one would assume, harris? >> not to sound pessimistic, but it's a fact, even if he reached a deal tonight, it would tough to meet that deadline by the end of the year, because there's red tape profit to deal with. >> that's right, it takes time and time to get the legislation drafted and passed and to get it scored by the congressional b
. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president asking for 1.6 trillion dollars worth of new revenue over ten years, twice as much as he's been...
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Dec 20, 2012
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this is not some washington commission. this is a team that has a very specific task, to pull together real reforms right now. that those of us who were sent here to serve the public trust can summon one tiny iota that those teachers in newtown summoned on friday. if cooperation and common sense prevail, then i'm convinced we can make a sensible and intelligent way to make the united states of america a safer, stronger place for our children to learn and to grow. >> eliot: the president focused specifically on three proposals that appeared to have significant and growing support closing the gun show loophole so that background check is required and banning assault weapons and ammunition clips. he was then asked why it didn't happen in the first team. >> this is not the first prolific gun violence of your four years. where have you been? >> here's where i've been jake. i've been president of the united states in an economic crisis since the great depression. two wars, i don't think i've been on vacation. so you know, i think
this is not some washington commission. this is a team that has a very specific task, to pull together real reforms right now. that those of us who were sent here to serve the public trust can summon one tiny iota that those teachers in newtown summoned on friday. if cooperation and common sense prevail, then i'm convinced we can make a sensible and intelligent way to make the united states of america a safer, stronger place for our children to learn and to grow. >> eliot: the president...
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Dec 14, 2012
12/12
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have a safe trip back to washington. >> thank you. adam: more than 180 of the nation's top economic mind are joining together for a common cause. they're warning congress that raising taxes on anyone, on anyone, as part of a fiscal cliff deal would have devastating consequences to the american economy. so will d.c. hear that message? joining me for more on this, the man behind the campaign the executive vice president of the national taxpayers union. and a economist with pioneer investment. sam, let's start with you. we keep hearing if you tax the wealthy it really doesn't have a negative impact because one, the wealthy take their tax refund and save them. they don't spend them. is that not accurate? what is the negative implications of taxing the wealthy? >> i think anytime you take money away from anybody they are obviously going to have less money. the question whether the wealthy spend their money or save it, i think that is a tough question to answer, because if you look at where people will be taxed, a lot of people will be spen
have a safe trip back to washington. >> thank you. adam: more than 180 of the nation's top economic mind are joining together for a common cause. they're warning congress that raising taxes on anyone, on anyone, as part of a fiscal cliff deal would have devastating consequences to the american economy. so will d.c. hear that message? joining me for more on this, the man behind the campaign the executive vice president of the national taxpayers union. and a economist with pioneer...
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Dec 28, 2012
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the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks.
the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets...